The NZD/USD is preparing to turn optimistic on the major support

The price is approaching a major support a t0.7146 (Fibonacci retracement, horizontal overlap), and we expect to see a strong bounce off this level to push the price to at least 0.7345 resistance (Fibonacci retracement, horizontal overlap of the resistance).

Stochastic (34,3,1), it is to see a strong support to the above of 0.9%, where we expect to see a corresponding rebound.

Buy above 0.7146. Stop loss is to 0.7093. Take profit is 0.7245.

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